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EPA:KER 27 October 2025 - 19 April 2026

Watches and Wonders 2026: Rolex, Patek And Cartier Meet Luxury’s Gulf Shock

Watches and Wonders 2026: Rolex, Patek And Cartier Meet Luxury’s Gulf Shock

Watches and Wonders Geneva entered its final public days Sunday as luxury brands faced sharp sales drops in the Gulf due to Middle East conflict. LVMH, Kering, and Hermès all reported declines tied to weaker Gulf demand, with Dubai mall sales plunging up to 50% in March. Airport retail also suffered as flight cancellations peaked. Swiss watch exports fell for a second year in 2025.
19 April 2026
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Kering stock jumps in Paris after results; Gucci turnaround and April 16 plan in focus

Kering stock jumps in Paris after results; Gucci turnaround and April 16 plan in focus

Kering shares jumped as much as 13% in Paris after the group reported a 10% drop in 2025 revenue and recurring operating income of 1.63 billion euros. Gucci sales fell 3% in the fourth quarter, beating analyst forecasts for a steeper decline. Kering proposed a 4-euro total dividend per share. Management will present its strategic roadmap at a Capital Markets Day on April 16.
10 February 2026
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Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global, owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy in Texas after missing a $100 million interest payment tied to its Neiman Marcus acquisition. The company reported $1.75 billion in financing, including $1 billion in debtor-in-possession funding, and expects stores to remain open. Geoffroy van Raemdonck replaced Richard Baker as CEO. Major luxury suppliers are listed as unsecured creditors.
14 January 2026
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Euronext Paris Shocks Markets with Historic Roots, Surging Stocks & Bold 2025 Moves

CAC 40 Near Record High, Defies Moody’s Warning as Luxury Stocks Rally

France’s CAC 40 index held near 8,230 points Monday, flat and just below last week’s record. Moody’s cut France’s outlook to “negative,” but markets were unmoved. Kering surged 9% last week after better-than-feared sales, while Dassault Systèmes and STMicroelectronics dropped over 13% on weak guidance. The CAC 40 is up about 10% year-to-date.
27 October 2025
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Stock Market Today

  • HSBC Spotlights 10 Overlooked Asian Stocks Beyond AI Momentum
    May 20, 2026, 12:07 AM EDT. HSBC highlights 10 'forgotten gem' stocks in Asia outside the dominant AI sector, which has fueled gains in Nvidia, TSMC, and Samsung Electronics. The bank warns of concentration risks in the FTSE Asia ex-Japan index, where over half the returns came from just three AI-related firms. HSBC's list features undervalued companies with strong returns, market share growth and solid dividends. Names include Hong Kong Exchange, South Korea's Samyang Foods, Indonesia's PT Telkom, Fuyao Glass Industry, WuXi AppTec, and India's Godrej Properties. These firms benefit from scalable business models, resilient margins, and expanding market positions. HSBC sees potential in sectors overlooked amid AI hype, emphasizing diversification opportunities for investors seeking sustained growth in Asia.

Latest articles

Wall Street Hit by Yield Jolt With Nvidia Up Next

Wall Street Hit by Yield Jolt With Nvidia Up Next

20 May 2026
U.S. stock ETFs remained lower late Tuesday after Wall Street’s main indexes fell for a third straight session, pressured by rising Treasury yields and caution ahead of Nvidia’s earnings. The SPDR S&P 500 ETF dropped 0.7% to $733.73. The 10-year Treasury yield hit 4.687%, its highest since January 2025, before easing. Nvidia shares slipped 0.7% after hours, with traders bracing for a major move post-earnings.
Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

Viavi Stock Drops After $500 Million Share Sale Plan — The Debt Move Investors Can’t Ignore

20 May 2026
Viavi Solutions shares dropped 7.1% in after-hours trading Tuesday after the company announced a $500 million public stock offering aimed at repaying debt. The offering, unveiled just after the Nasdaq close, could add roughly 10.1 million new shares. Viavi plans to use proceeds to pay down a $450 million loan. Total debt would fall to $650 million, according to a preliminary SEC filing.
Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

Analog Devices Shares Rally After $1.5B AI Power Deal Ahead of Earnings

20 May 2026
Analog Devices agreed to acquire Empower Semiconductor for $1.5 billion in cash, sending ADI shares up 1.36% to $419.95 in after-hours trading after closing down 1.02%. The deal, approved by both boards, is expected to close in the second half of 2026 pending regulatory review. Empower CEO Tim Phillips will continue to lead integrated voltage regulator work after the merger.
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